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Mar 15, 2013
03/13
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but they keep this economy going. if you slow that down and civil dispositions, where the damages are going to be paid to someone who is the victim of a breach of contract, if you are potentially going to cause this because of criminal suits due to delayed, then you are threatening the efficiency of the legal structure. .. president clinton who signed down into the recently wrote the question is whether it is consistent with the principles of the nation that on history to, quality and justice above all and is therefore unconstitutional, and quote. in the time that his pastor 1996, my view along with president clinton and colleagues, their face and makeup of our families herbology for what i think is for the better. those of us in congress, regardless for religion or party represents you in and nothing relationships you wish to have rights granted to a sitting on sitting on the podium today. i cannot in good conscience tell my constituents that their country does not value their bond, their commitment her family. i ask
but they keep this economy going. if you slow that down and civil dispositions, where the damages are going to be paid to someone who is the victim of a breach of contract, if you are potentially going to cause this because of criminal suits due to delayed, then you are threatening the efficiency of the legal structure. .. president clinton who signed down into the recently wrote the question is whether it is consistent with the principles of the nation that on history to, quality and justice...
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Mar 17, 2013
03/13
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the best deficit reduction program is a growing economy and strangely if you see the debate washington day very little of it is about economic growth and a lot of it is about what my dad would say it your broccoli, it's about the austerity and the toughness that has to get done. don't get me wrong but it's much easier to get done in the context of high sustained growth where jobs are being created and jobs are of value for people to be able to further their dreams. i have three suggestions that i don't think that partisan. they are not necessarily ideological but if we pause on all the other stuff and there are good things to fight about trust me, that we can get to the point where we have higher sustained growth. one would be to create a patriotic energy prop -- based on innovation and north american resources. second, to reform our immigration system and move it towards something that would be part of the high-growth economic strategy true to our heritage respecting the rule of law, but moving it to the 21st century where our brand which is not around the world would allow high high
the best deficit reduction program is a growing economy and strangely if you see the debate washington day very little of it is about economic growth and a lot of it is about what my dad would say it your broccoli, it's about the austerity and the toughness that has to get done. don't get me wrong but it's much easier to get done in the context of high sustained growth where jobs are being created and jobs are of value for people to be able to further their dreams. i have three suggestions that...
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Mar 15, 2013
03/13
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the first thing they really need is an economy, a fast and vibrant economy that's creating the middle-class jobs that will allow them to get themselvethemselve s to that better future. the next thing they need is the skills for those job. there are 3 million jobs available in america that are not failed because too many people don't have the skills for those jobs. they need skills for those new job so instead of being a receptionist she can be an ultrasound tech. instead of loading boxes from a truck he can be fixing those trucks. and the third thing they need is a place where the cost of living is affordable for their increased paycheck is not eaten away. let me tell you what the stakes are because the stakes are not just american. the stakes are bigger than that. [applause] never in the history of the world has water been so popular. [applause] i will close by telling you what i think is at stake. not just amec in political debate. yesterday with the transition of the government china they have a new leader in this new leader loves to go around giving speeches where he refers to something
the first thing they really need is an economy, a fast and vibrant economy that's creating the middle-class jobs that will allow them to get themselvethemselve s to that better future. the next thing they need is the skills for those job. there are 3 million jobs available in america that are not failed because too many people don't have the skills for those jobs. they need skills for those new job so instead of being a receptionist she can be an ultrasound tech. instead of loading boxes from a...
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Mar 16, 2013
03/13
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one thing he benefited from is a soaring economy. you can't overstate how much that brings in all the tax revenue without having to make major changes to the tax code to do something the president hasn't benefited from. a soaring economy can reduce the deficit. >> host: the distance between the parties on the budget. we are detected a sequestration, but they point out for additional spending cut under the democratic plan there are none. a series of spending cuts on interest rates at $1.8 trillion in savings from repealing the health care law. democrats proposing $100 billion in new stimulus spending. republicans propose no new spending. democrats raising $975 billion annual revenue. no tax increase among republicans and then social security. no changes on social security. require the president and congress to submit plans to increase the trust fund. >> guest: social security is one of those things it has enough money in its reserves to continue paying full benefits through 2036. 10,000 people turning 65 every day in the number of peo
one thing he benefited from is a soaring economy. you can't overstate how much that brings in all the tax revenue without having to make major changes to the tax code to do something the president hasn't benefited from. a soaring economy can reduce the deficit. >> host: the distance between the parties on the budget. we are detected a sequestration, but they point out for additional spending cut under the democratic plan there are none. a series of spending cuts on interest rates at $1.8...
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Mar 13, 2013
03/13
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, on the economy altogether. obamacare includes more than 20 tax increases. the joint committee on taxation estimates that over the next ten years obamacare will raise $1 trillion in taxes. that's $1 trillion from the private sector that's not going to be available to use -- be used to hire new workers. job losses, just in the medical device industry, as a result of the medical device excise tax could total as much as $47,100 or 10% of the medical device industry employment. those job losses are not needed -- those job losses are not driven by market conditions. those job losses are driven by one thing, which is the policy decisions of the federal government to implement obamacare. on march 5, 2013, russell george the inspector general for the i.r.s., testified to the house committee a eption pros. "it is unprecedenced in recent history the amount of responsibility the i.r.s. is being given in an area that most people don't think of as an i.r.s. function." he went on, "this is going to lead to problems." the cong
, on the economy altogether. obamacare includes more than 20 tax increases. the joint committee on taxation estimates that over the next ten years obamacare will raise $1 trillion in taxes. that's $1 trillion from the private sector that's not going to be available to use -- be used to hire new workers. job losses, just in the medical device industry, as a result of the medical device excise tax could total as much as $47,100 or 10% of the medical device industry employment. those job losses...
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Mar 20, 2013
03/13
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the weakness of the economy. and those that are still employed, if they have a lack of certainty, feel that their job could be at risk or their hours could be a risk, that will make them less likely to want to buy a home. these are all contributing factors. there is perhaps the natural readjustment. we reached home ownership rate above all we have ever seen before. above some concept of the natural rate. one might expect to see a modest decline. >> thank you and your back the balance my time. >> thank you. >> thank you. >> thank you, mr. chairman. >> a very narrow conversation. >> the mortgage-backed security actually guaranteeing in return which is essentially what happens now. unlike anything else, if you go to fund its 100% guaranteed. see you see anything wrong with someone saying and no one going to get my money because it is guaranteed by the federal permit . >> i do. i think that the basic risk of the taxpayer guaranteeing most toro the mortgages, loyal as we are, your going to reliance on government agent
the weakness of the economy. and those that are still employed, if they have a lack of certainty, feel that their job could be at risk or their hours could be a risk, that will make them less likely to want to buy a home. these are all contributing factors. there is perhaps the natural readjustment. we reached home ownership rate above all we have ever seen before. above some concept of the natural rate. one might expect to see a modest decline. >> thank you and your back the balance my...
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Mar 19, 2013
03/13
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i didn't run a campaign on jobs and the economy, jobbing and the economy, jobs and the economy and beat that drum until i beat people into sleep. that's part of it, all right, but all of the rest of this has to be added together, or we can never reconstruct this country. we will not get the pillars of american exceptionalism back together. [applause] unless we have the full spectrum. if we can restore our families and strengthen our faith and protect innocent, unborn human life instead of assaulting it with a half a billion dollars appropriated to planned parenthood in a single year. that's gotta go. obamacare has got to go. [cheers and applause] we can't let up on obamacare and believe that somehow we're going to capitulate to that side because the roads are vitality, and it is an unconstitutional taking of god-given american liberty, and it's got to go. [cheers and applause] ronald reagan omelet me down a couple -- only let me down a couple of times in eight years. one of those was 1986, and i still had the dent after i heard on the news he had signed the amnesty act of 1986. but it w
i didn't run a campaign on jobs and the economy, jobbing and the economy, jobs and the economy and beat that drum until i beat people into sleep. that's part of it, all right, but all of the rest of this has to be added together, or we can never reconstruct this country. we will not get the pillars of american exceptionalism back together. [applause] unless we have the full spectrum. if we can restore our families and strengthen our faith and protect innocent, unborn human life instead of...
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Mar 15, 2013
03/13
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not attribute any particular factor to explain a lower health care spending other than of course the economy. additionally, cbo estimates that obamacare delivery changes would yield a minuscule $417 billion in savings. that barely registers. but regardless of how we feel about health care law, going back, medicare's hospital ensures trust fund will go bankrupt in 10 use. we have to act now. the clock is ticking in today's hearing to help us address this challenge. medpac's analysis is valuable in helping us better understand when growth in medicare spending is appropriate and when medicare payments need to be adjusted. we also look forward to receiving medpac's next report to congress in june which will highlight additional opportunities for reform beyond the changes in the payments. we rely on medpac's recommendations. that's a key element in designing policies to improve the medicare program and say that over the longer. so i welcome are invited witness, medpac chairman glenn hackbarth. thank you for joining us today, and i look forward to hearing your testimony. before recognize ranking m
not attribute any particular factor to explain a lower health care spending other than of course the economy. additionally, cbo estimates that obamacare delivery changes would yield a minuscule $417 billion in savings. that barely registers. but regardless of how we feel about health care law, going back, medicare's hospital ensures trust fund will go bankrupt in 10 use. we have to act now. the clock is ticking in today's hearing to help us address this challenge. medpac's analysis is valuable...
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Mar 21, 2013
03/13
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platforms have become a vital link in the national and global economies. they are essential to protection of whether, in navigation of both science an of transportatin from the operation of power grids, the completion of local and global financial transactions, and communication to mobile platforms whether they be on land, sea or air. commercial satellite industry also plays a critical role in supporting government operation. commercial satellite supplies majority of communicate and in afghanistan and iraq. today our satellites are still flying almost all of the dod's unmanned aerial vehicles, and we're providing the vast majority of the navy's communications at sea. to address the challenges that i mentioned earlier, the leading space operation, operators have got together on a number of complex cooperative project, probably the most significant of these is the space data association, or sda. formation of sda is a major step which created a voluntary space traffic control, if you will. it's an interactive repository of satellite orbit and sue will contain
platforms have become a vital link in the national and global economies. they are essential to protection of whether, in navigation of both science an of transportatin from the operation of power grids, the completion of local and global financial transactions, and communication to mobile platforms whether they be on land, sea or air. commercial satellite industry also plays a critical role in supporting government operation. commercial satellite supplies majority of communicate and in...
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Mar 13, 2013
03/13
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, dragging down the economy. so, madam president, i come to the floor today to support the amendment by senator cruz because the american people know what they were looking for in health care reform, which was, of course, the care they need from a doctor they choose, at lower cost. and that was not at all provided urn the president's health care law -- under the president's health care law. thank you, madam president. i yield the floor and suggest the absence of a quorum. the presiding officer: the clerk will call the roll. quorum call: the presiding officer: the senator from rhode island. mr. reed: madam president, i ask unanimous consent to dispense with the calling of the quorum. the presiding officer: without objection. mr. reed: thank you, madam president. madam president, i rise to speak today in opposition to the cruz amendment which would prohibit any funding in the continuing resolution from being used to carry out the goals of the affordable care act. the broad scope of this amendment clearly indicates
, dragging down the economy. so, madam president, i come to the floor today to support the amendment by senator cruz because the american people know what they were looking for in health care reform, which was, of course, the care they need from a doctor they choose, at lower cost. and that was not at all provided urn the president's health care law -- under the president's health care law. thank you, madam president. i yield the floor and suggest the absence of a quorum. the presiding officer:...
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Mar 14, 2013
03/13
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this budget grows government, not the private economy. this budget taxes too much and spends too much. this budget doesn't balance today, tomorrow, or ever. this budget keeps us at the edge of a fiscal crisis with no flexibility to respond to future emergencies. that being the case, this budget should be soundly rejected by anyone who cares about our nation's future and about prosperity and opportunity for america's middle class. now, madam president, i'd like to take a few minutes to talk about the temporary assistance for needy families or tan f program. authority for tanf expired in 2010. since that time the program limped along on short-term extensions. president obama never submitted a tanf reorganization to congress for consideration. senate democrats who have been in the majority since 2007 have never proposed a reauthorization of tanf. instead of submitting a reauthorization proposal that can be considered in regular order on a bipartisan basis, the obama administration instead unilaterally granted themselves the authority to waiv
this budget grows government, not the private economy. this budget taxes too much and spends too much. this budget doesn't balance today, tomorrow, or ever. this budget keeps us at the edge of a fiscal crisis with no flexibility to respond to future emergencies. that being the case, this budget should be soundly rejected by anyone who cares about our nation's future and about prosperity and opportunity for america's middle class. now, madam president, i'd like to take a few minutes to talk...
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Mar 16, 2013
03/13
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the state of our economy is not good. we know these statistics, but they are worth repeating. 12.3 million still unemployed. one in six americans lives in poverty. that burden falls most heavily on women and their children. there are 48 million americans living on food stamps. we have lost 6.4 million full- time jobs in this country, 8 million americans are working part-time and they would rather work full-time. 10 million americans have dropped out altogether. why? because small business and entrepreneurship is the engine of growth in this american economy. we know, and you will hear inspiring stories from some of our panelists today, every american gets there first chance in a small business. we know that wave after wave of immigrants gets there first hand hold on that first rung of the american ladder by opening a small business. i started out in a little business with nine people. my story is not unique. it is the american story. deli or thes the auto mechanic or it services small business is the engine of growth for
the state of our economy is not good. we know these statistics, but they are worth repeating. 12.3 million still unemployed. one in six americans lives in poverty. that burden falls most heavily on women and their children. there are 48 million americans living on food stamps. we have lost 6.4 million full- time jobs in this country, 8 million americans are working part-time and they would rather work full-time. 10 million americans have dropped out altogether. why? because small business and...
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Mar 21, 2013
03/13
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COM
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there's the economies of all of us and the island, health care economy. we've had a pretty rough time over the last four or fives, six years in our economy. there's a lot of unemployment, a lot of pressure on us. not on that island. everybody just keeps making more money. >> jon: right. >> it's as if they don't exist in the universe and worst of all, the money they are making they are taking from all of us and bankrupting the country and it's bankrupting people. 60% of the personal bankruptcies in this country come from medical bills. >> jon: what is crazy to me is when you begin to tease it apart. when you begin to deconstruct it, it's made of sand. as i'm reading it's 36 pages. as you get higher and higher in the pages you feel like chuck yaeger breaking the sound barrier. i was like oh, my god. by page ten i was like i can't take it anymore. there's something -- you cannot believe this. there's something called the charge master. >> right. >> jon: and the charge master sets the price. so if you want an mri that's $6,000 according to the charge master.
there's the economies of all of us and the island, health care economy. we've had a pretty rough time over the last four or fives, six years in our economy. there's a lot of unemployment, a lot of pressure on us. not on that island. everybody just keeps making more money. >> jon: right. >> it's as if they don't exist in the universe and worst of all, the money they are making they are taking from all of us and bankrupting the country and it's bankrupting people. 60% of the personal...
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Mar 14, 2013
03/13
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the best way to shrink our deficit is to grow our economy. to grow good paying jobs and put hard-working americans back to work. unemployment remains stubbornly high. we have seen the enemy and he is us. our bloated and inefficient federal government does not promote but stifles progress. it makes us less competitive in the world. we are not being beaten by our competitors worldwide. we are beating ourselves. through excessive taxation and regulation, the federal government stifles economic growth and shifts more and more american jobs overseas every year. on a regulation in energy robs the middle class through higher fuel costs, slows our path to a national energy independence, and costs hundreds of thousands of new american jobs in the energy industry. small banks are a primary source of capital for middle-class families and small businesses. the added burden of the dodd- frank regulations, hamstrings our banks at a time when small businesses and middle-class families need them the most. it does nothing to prevent large institutions from be
the best way to shrink our deficit is to grow our economy. to grow good paying jobs and put hard-working americans back to work. unemployment remains stubbornly high. we have seen the enemy and he is us. our bloated and inefficient federal government does not promote but stifles progress. it makes us less competitive in the world. we are not being beaten by our competitors worldwide. we are beating ourselves. through excessive taxation and regulation, the federal government stifles economic...
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Mar 16, 2013
03/13
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KQED
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i guess the question is there something to be had that gets us to the point where we can say the economy is getting better and we don't foresee anything pushing it off course. if the president wants anything that he talked about in his state of the union address and his inaugural to come through, we need money. they had a conference at the same time that all these other diagram oist -- dramas were playing out and the hotel just happened to to be right across the street from the white house conveniently. it had a decent turnout but it was a smaller group of people. they recognize it's going to be a lot tough tore come out when there's not an election. in terms of his legacy, this feels like a community organizing effort so at the end of the day it kind of all comes full circle and the community organizer gets something that lasts, maybe beyond him, we don't know, but certainly throughout his presidency. gwen: so while all this was going on on capitol hill mostly with this kind of handshaking and watching each other's backs, members of the political conservative action committee were meeti
i guess the question is there something to be had that gets us to the point where we can say the economy is getting better and we don't foresee anything pushing it off course. if the president wants anything that he talked about in his state of the union address and his inaugural to come through, we need money. they had a conference at the same time that all these other diagram oist -- dramas were playing out and the hotel just happened to to be right across the street from the white house...
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Mar 16, 2013
03/13
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if we want this economy to be healthy and vibrant again -- what you want people to think about as you leave here today? >> read the book "atlast shrugggeed." parents thats had won the best for their children. think about the policies we have in place today and what that could mean to the future generation. thank you. >> we are trying to engage women. women make most decisions in health care and education. it ae trying to make virtual. one of the things we are talking about is recruiting america. let the american people, through technology with five-star debundlerate and things by their computer. americans get excited when they think they can take part. >> do not push the tough decisions off of your children and grandchildren. responsibility, and take care of it today. >> please join me in thanking a fantatic panel. thank you all so much. >> had bring the energy up. let me hear that you love them. in breaking news, ashley judd just tweeted that buying apple products is akin to rape. from her iphone. this next guy, there is so much you can say about him. everyone knows who he is. okay.
if we want this economy to be healthy and vibrant again -- what you want people to think about as you leave here today? >> read the book "atlast shrugggeed." parents thats had won the best for their children. think about the policies we have in place today and what that could mean to the future generation. thank you. >> we are trying to engage women. women make most decisions in health care and education. it ae trying to make virtual. one of the things we are talking about...
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Mar 17, 2013
03/13
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KRCB
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costs jobs, has no impact on the economy or jobs, or actually grows the economy and improves jobs? okay? and what do we find? an overwhelming majority of americans, and i'm talking like two-thirds of americans, say that it either has no impact or it actually improves the economy. in fact, that's the most frequently chosen answer is that most americans don't see this as an inherent contradiction. >> what you're saying is that a big powerful industry controls or affects the outcomes of perception in this country disproportionately to what most people think? >> that's right. and, in part, they're able to do that because this issue is a low level issue, because we don't talk about it and because there the is no what we would call issue public on the other side. >> what do you mean? >> okay, so an issue public is basically an organized social movement that demands change, okay. and we're very familiar with this term. it's the pro or anti-immigration movement or the pro-gun control or the anti-gun control movement -- >> the civil rights movement -- >> the civil rights movement. >> the su
costs jobs, has no impact on the economy or jobs, or actually grows the economy and improves jobs? okay? and what do we find? an overwhelming majority of americans, and i'm talking like two-thirds of americans, say that it either has no impact or it actually improves the economy. in fact, that's the most frequently chosen answer is that most americans don't see this as an inherent contradiction. >> what you're saying is that a big powerful industry controls or affects the outcomes of...
SFGTV2: San Francisco Government Television
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Mar 16, 2013
03/13
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SFGTV2
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potential now are being manufactured in oakland and so we have what i think is a really balanced, balanced economy. so, what we are not talking about crime but, i just -- [inaudible] approximate was not part of the agenda but what are some of the challenges and part of the challenges is more i think the perceptual reality of crime and this is a year of where crime went up everywhere in san francisco and san jose and quite frankly and i'm being very honestly about this because of what the president said the other night we are for the not going to end -- unless we get the universal background check on gunses because california and oakland have some of the strongest laws in the country but the guns come in across nevada evidence and we need all of your help to support the president on this. because if you care about the violence in america cities, we have to have -- it's a no-brainer if it's legal for a teenager to have a machine begun in the streets of urban america and that is leading to this higher murder rate across the country it makes a difference. so, if you need to we need you to help support
potential now are being manufactured in oakland and so we have what i think is a really balanced, balanced economy. so, what we are not talking about crime but, i just -- [inaudible] approximate was not part of the agenda but what are some of the challenges and part of the challenges is more i think the perceptual reality of crime and this is a year of where crime went up everywhere in san francisco and san jose and quite frankly and i'm being very honestly about this because of what the...
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Mar 16, 2013
03/13
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growth at every stage to get the economy booming. we need to repeal obamacare. [applause] [captioning performed by the national captioning institute] [captions copyright national cable satellite corp. 2013] >> we need to repeal. frank. -- dodd-frank. talk about a bill you don't have to read any further than the title. [laughter] we need to eliminate corporate welfare. [applause] need to build the keystone pipeline. [applause] we need to rein in the epa. [applause] in west texas, the epa is trying to use a lizard to shut down oil and gas production. do you know my view of lizards? they make darn fine boots. [applause] we need to audit the fed. [applause] and we need to stop qe infinity. we need to abolish the u.s. department of education. [applause] education is too important for it to be governed by bureaucrats in washington, taking choices away from parents and kids. [applause] and we need to champion school choice. [applause] the civil rights issue of the next generation. i would like to see more democrats going and explaining to young kids trapped in failing
growth at every stage to get the economy booming. we need to repeal obamacare. [applause] [captioning performed by the national captioning institute] [captions copyright national cable satellite corp. 2013] >> we need to repeal. frank. -- dodd-frank. talk about a bill you don't have to read any further than the title. [laughter] we need to eliminate corporate welfare. [applause] need to build the keystone pipeline. [applause] we need to rein in the epa. [applause] in west texas, the epa...
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Mar 21, 2013
03/13
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. >>> so just where is the economy headed? according to federal reserve chief ben bernanke the economy is improving. however, interest rates will stay low now until unemployment falls below 6.5%. >>> more news from nike after the bell investors will look at nike's future orders. china trends. and gross margins for a read on consumer demand in china and here at home. >>> expectations are climbing for home sales. >>> cash-strapped cyprus banks are still closed and late night meetings broke up with no new plan b to fund the island's much need bailout. the european central bank gave cyprus until monday to work out a deal or be cut off from emergency funding. >>> closer to home, cvs is weighing in on its controversial policy to require employees to report their weight and body fat or face a health insurance premium increase. the company insists all data collected during health screenings is private. >>> fans of starbucks will be happy to know beginning in may they can also rack up rewards points with packaged coffee purchases at gr
. >>> so just where is the economy headed? according to federal reserve chief ben bernanke the economy is improving. however, interest rates will stay low now until unemployment falls below 6.5%. >>> more news from nike after the bell investors will look at nike's future orders. china trends. and gross margins for a read on consumer demand in china and here at home. >>> expectations are climbing for home sales. >>> cash-strapped cyprus banks are still closed...
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Mar 17, 2013
03/13
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CNNW
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a quarter of our economy in taxes. right now pretty much every other country has moved to 35% and we've stuck the 25%. that hasn't hurt their growth relative to ours. we're roughly at the middle of the table. there are things the governments can do with the money that or government has not done. >> conversation will go on for many, many months and possibly years. >>> coming up -- you heard me warn before of an economic storm but my next guest says silicon valley is at risk of being hit by a typhoon. under attack by your government. there's a reason no one says "easy like monday morning." sundays are the warrior's day to unplug and recharge. what if this feeling could last all week? with centurylink as your trusted partner, it can. our visionary cloud infrastructure and global broadband network free you to focus on what matters. with custom communications solutions and dedicated support, your business can shine all week long. >>> you've heard how the forced spending cuts could hurt the u.s., longer lines at airports, fe
a quarter of our economy in taxes. right now pretty much every other country has moved to 35% and we've stuck the 25%. that hasn't hurt their growth relative to ours. we're roughly at the middle of the table. there are things the governments can do with the money that or government has not done. >> conversation will go on for many, many months and possibly years. >>> coming up -- you heard me warn before of an economic storm but my next guest says silicon valley is at risk of...
SFGTV2: San Francisco Government Television
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Mar 19, 2013
03/13
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SFGTV2
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eye 46
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construct more open space most importantly, we put san franciscans back to work and we have a growing economy and we have invested in our city. so the year of 20 if we will, was about getting everything done. and when we did that, we were complimented by an unemployment rate that went in the last two years from 9.6% to as of december, 6.5% one of the lowest in the whole state of california that meant that 31,000 people got jobs in san francisco putting a lot more people back to work. today, when we run around our city, or ride around it or walk around it, you can count 26 criterions in the skyline of san francisco. that means thousands of good construction jobs, all residents being a portion of those constructions from the central subway to the new crudes ship terminal to the trans bay terminal that you see being constructed and the pictures of the new tour the tal tallest building west of the mississippi will be under construction shortly. nearly 11 million square feet of commercial office space was leashed out last year and 11 million is equivalent to 20 trans america buildings. half of whi
construct more open space most importantly, we put san franciscans back to work and we have a growing economy and we have invested in our city. so the year of 20 if we will, was about getting everything done. and when we did that, we were complimented by an unemployment rate that went in the last two years from 9.6% to as of december, 6.5% one of the lowest in the whole state of california that meant that 31,000 people got jobs in san francisco putting a lot more people back to work. today,...
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Mar 17, 2013
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it does not do juss justice to our economy. ts unfair to the people depending on these critical safety net programs. with that, i yield to the ranking member mr. van holland for his opening statement. >> thank you, mr. chairman. again i want to thank all the members of the committee as we gather here at what is a very important moment for our country. thanks to the ingenuity and resilience of the american people, and the emergency actions taken by the president and the congress four years ago, we are continuing to recover from the worst recession since the great depression. momentum in the job market continues to grow. but we still have a long way to go to help put people back to work to accelerate economic growth, and to boost small business hiring. yes, we must and can steadily reduce our deficit and reduce and stable lies the debt but we should do that in a way that immediately reduces the job deficit. rather than a budget that immediately makes that job deficit worse. unfortunately, this republican budget fails that very si
it does not do juss justice to our economy. ts unfair to the people depending on these critical safety net programs. with that, i yield to the ranking member mr. van holland for his opening statement. >> thank you, mr. chairman. again i want to thank all the members of the committee as we gather here at what is a very important moment for our country. thanks to the ingenuity and resilience of the american people, and the emergency actions taken by the president and the congress four years...
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Mar 21, 2013
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which could be best for you in today's economy. but first, let's take a look at what treasuries were up today. insurances and commodities closed. >>> with home prices on the rise and mortgage rates still near historic lows, a lot of would-be home buyers are looking to jump in while others remain cautious. today's housing market, is it wiser to rent or own your home? diana olick looks for answers. >> so this is the place. >> reporter: newlyweds brian and ally earl are ready to buy their first home together. while owning a home seems daunting, renting just doesn't add up anymore. >> to be honest, it keeps going up. i think we've seen our rent go up over 20% in the last two years. and you don't rely ve ntrol over your property. >> reporter: rents are rising at an annual rate of 3.5%. but home prices are rising faster. so should you buy or rent? analysts say it's 44% cheaper to buy, but only if you stay in your home for seven years, itemize your deductions and get a 3.5% mortgage rate. >> right now, with how interest rates are, below 4
which could be best for you in today's economy. but first, let's take a look at what treasuries were up today. insurances and commodities closed. >>> with home prices on the rise and mortgage rates still near historic lows, a lot of would-be home buyers are looking to jump in while others remain cautious. today's housing market, is it wiser to rent or own your home? diana olick looks for answers. >> so this is the place. >> reporter: newlyweds brian and ally earl are ready...
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Mar 15, 2013
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when that happens we will grow our economy, because we need to grow our economy and not our government. that is the key. we have to grow our economy and not our government. when we do that, i think we will unleash opportunities in this country. another issue i find incredibly important is the issue of school choice. i'm a big believer in school choice. it's a part of the opportunities of our future. if we remember that every parent deserves a choice. and every child deserves a chance. i think back to my young days growing up in a single-parent household. i think about the tough times that my mother who worked 16 hours a day, she went to work every day all day long, came home. when my grades were bad, she would pull out is which. switch. as a freshman in high school, i did not do very well. , was failing world geography civics, spanish, and english. when you fail spanish and english, they don't call you bilingual. they call you ignorant because you cannot speak any language. that's where i was. i had the blessing of meeting a conservative republican who became my mentor, a man named joh
when that happens we will grow our economy, because we need to grow our economy and not our government. that is the key. we have to grow our economy and not our government. when we do that, i think we will unleash opportunities in this country. another issue i find incredibly important is the issue of school choice. i'm a big believer in school choice. it's a part of the opportunities of our future. if we remember that every parent deserves a choice. and every child deserves a chance. i think...
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Mar 16, 2013
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listen, this is what helped our economy. unfortunately, as i mentioned, we've had way too many moderate establishment republican candidates who are just not sticking to the core principles of conservatism. richard mentioned romney. yeah, romney is a moderate establishment politician. he was a person of good character, but he wasn't the one who could really get our party -- >> rick: stand by, both of you, if you would. we got to take a quick break. when we come back, i want to talk to you both more about cpac. don't go away the capital one cash rewards card gives you 1% cash back on all purchases plus a 50% annual bonus. and everyone wants... ♪ 50% more doo wop ♪ 50% more buckarooooooooos ♪ 50% more yeeeaaahhhh!!!! ♪ 50% more yeah yeah [ male announcer ] the capital one cash rewards card gives you 1% cash back on every purchase, plus a 50% annual bonus on the cash you earn. it's the card for people who like more cash. ♪ 50% more boogie ♪ what's in your wallet? cashhhhh!!! and these come together, one thing you can
listen, this is what helped our economy. unfortunately, as i mentioned, we've had way too many moderate establishment republican candidates who are just not sticking to the core principles of conservatism. richard mentioned romney. yeah, romney is a moderate establishment politician. he was a person of good character, but he wasn't the one who could really get our party -- >> rick: stand by, both of you, if you would. we got to take a quick break. when we come back, i want to talk to you...
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Mar 13, 2013
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that the economy, the stocks are very similar. first of all, we're also washington centric these days and so conditioned that the only thing that matters is tax policy even if taxes were so much higher in the roaring bull market and they were scared of their own shadows and they were hated or shunned by people who talk about it. case in point, retail sales. this morning it came out and they were terrific. you should not be shocked if you watch this show that we had the best retail numbers, hardly a month goes by, and stores are telling me over and over again that the things are very strong and the thesis-mongering bears, and the expiration of the payroll tax holiday is devastating. the sequester is devastating, too. it is true that going over the fiscal cliff could have been horrendous and it destroyed confidence, but it certainly cured that. ever since then, the economy is better than anyone seeps to want to talk about. we hear talk that it isn't. those bears endlessly drumming these negatives into our heads and they're thumb-see
that the economy, the stocks are very similar. first of all, we're also washington centric these days and so conditioned that the only thing that matters is tax policy even if taxes were so much higher in the roaring bull market and they were scared of their own shadows and they were hated or shunned by people who talk about it. case in point, retail sales. this morning it came out and they were terrific. you should not be shocked if you watch this show that we had the best retail numbers,...
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Mar 15, 2013
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adversely impact the economy? other studies reached the same conclusion. the united states that is so high that it is already weakening -- debit is st is so high, it is already weakening the economy. we want to see it grow and it benefits workers, benefits employees and creates more tax revenue for us. that is the central question that we have. this amendment, i believe, moves us in the right direction. it gives us the opportunity to end the deficits. as a percentage of gdp, it goes down every year. thank you. >> let me respond and i believe we will have some debate. to begin, all of us recognize that it is a responsibility that we have right now to deal with our debt and deficit in a responsible manner and we all want to achieve that goal. we recognize the economy is very fragile. we have lived through a lot in the last 10 years. many families are still struggling to send their kids to college and pay their mortgage, tuesday and their homes. the budget we put forward cackles the debt and deficit and irresponsible
adversely impact the economy? other studies reached the same conclusion. the united states that is so high that it is already weakening -- debit is st is so high, it is already weakening the economy. we want to see it grow and it benefits workers, benefits employees and creates more tax revenue for us. that is the central question that we have. this amendment, i believe, moves us in the right direction. it gives us the opportunity to end the deficits. as a percentage of gdp, it goes down every...
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Mar 16, 2013
03/13
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in the meantime, the economy saw its fair share of ups and downs. this chart shows gdp on a yearly basis, those years extending down were recessions. the average growth rate since world war ii is a respectable 3.25%. we'd be very happy to have that today. i spoke with the lieutenant governor of texas, david d dewhurst this week in austin. he's probably the most powerful man in texas and the most powerful lieutenant governor in the country because he writes the legislation, controls the budget and is head of the texas senate. texas has been trying to lure companies away from california and other states with the promise of lower taxes and lighter regulation, something people are calling the texas miracle. >> we're 48th out of 50 states in per capita state spending. we've kept our taxes low. we're 47th out of 50 states in per capita state taxes. over the last ten years i've cut taxes over 51 times and expect a 52nd and a 53rd this year. and we've worked real hard, had the lightest regulatory hand we possibly could. so when businesses look at texas, we
in the meantime, the economy saw its fair share of ups and downs. this chart shows gdp on a yearly basis, those years extending down were recessions. the average growth rate since world war ii is a respectable 3.25%. we'd be very happy to have that today. i spoke with the lieutenant governor of texas, david d dewhurst this week in austin. he's probably the most powerful man in texas and the most powerful lieutenant governor in the country because he writes the legislation, controls the budget...
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Mar 20, 2013
03/13
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economy. that is down from 70%, 2-1/2 years ago. there is less confidence in the president's ability to fix it. 47% now. 51% last year. the dow is back on a winning streak. the industrial average up for second day in a row. gaining 56. s&p 500 finished ahead 10. nasdaq up 25. we learned idea what cyprus will not do to qualify for international bail-out of the troubled economy. with a tax on savings account out, the lawmakers are scrambling to come up with another plan. senior foreign affairs correspondent greg palkot tells us what is under consideration. >> the banks will remain closed for the rest of the week after a controversial plan to tap in to private savings to bankroll a bail-out rejected by the parliament. we are feeling easier because there might not be a levy on deposits. but the situation could get worse. the officials scram to believe come up with a plan "b" for the near bankrupt country. european union will not put up its share of the $20 billion bail-out without cyprus doing its bit. they offer to mortgage the assets
economy. that is down from 70%, 2-1/2 years ago. there is less confidence in the president's ability to fix it. 47% now. 51% last year. the dow is back on a winning streak. the industrial average up for second day in a row. gaining 56. s&p 500 finished ahead 10. nasdaq up 25. we learned idea what cyprus will not do to qualify for international bail-out of the troubled economy. with a tax on savings account out, the lawmakers are scrambling to come up with another plan. senior foreign...
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Mar 21, 2013
03/13
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you've got the good economy. tremendous housing numbers, miraculous retail sales, terrific oil and gas markets. you have the bad economy. weakening commodity prices. slow commercial real estate business. really bad world commerce outlook. real soft information technology sales. you mix them all up together and you get the absolute perfect environment for the fed reserve to stay stock market friendly. that's exactly what happened today. ben bernanke allowed the averages to power higher. dow gained 56 points. the s&p rising today, nasdaq jumping .78%. it's not sleight of hand or alchemy at work here, despite what critics say when they constantly slam the fed. >> boo! >> bernanke is not playing a game of move the stock market higher by simply continuing to keep the competition from bonds incredibly weak. he's got a real good reason for doing what he's doing, which is staying the course, keeping rates low. that reason? 1937. see, ben bernanke is a rigorous guy. he's a professor and a genuine scholar of american finan
you've got the good economy. tremendous housing numbers, miraculous retail sales, terrific oil and gas markets. you have the bad economy. weakening commodity prices. slow commercial real estate business. really bad world commerce outlook. real soft information technology sales. you mix them all up together and you get the absolute perfect environment for the fed reserve to stay stock market friendly. that's exactly what happened today. ben bernanke allowed the averages to power higher. dow...
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Mar 20, 2013
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let's grow the economy. let's reform the tax system, let's stop picking winners and losers through loopholes, lower tax rates for everybody, families and businesses to create jobs and commig growth. let's open up the resources we have in this country, oil, coal, gas so we can bring down gas prices. increase paychecks, create jobs, help manufacturing. we have a safety net that isn't working. we have the highest poverty rates in a generation. 46 million people in poverty. we need to fix this safety net so so that it works to get people back on their feet again. we need to save medicare so that it's not bankrupt because it is on a path to bankruptcy. so that the current seniors can rest in comfort knowing that it's not going to be taken away from them, so that the obamacare rationing board won't take it from them and so that those of white house are younger can plan for it -- of us who are younger can plan for it. we need to balance the budget. balancing the budget is necessary for a healthy economy. for creati
let's grow the economy. let's reform the tax system, let's stop picking winners and losers through loopholes, lower tax rates for everybody, families and businesses to create jobs and commig growth. let's open up the resources we have in this country, oil, coal, gas so we can bring down gas prices. increase paychecks, create jobs, help manufacturing. we have a safety net that isn't working. we have the highest poverty rates in a generation. 46 million people in poverty. we need to fix this...
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Mar 17, 2013
03/13
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growth at every stage to get the economy booming. we need to repeal obamacare. [applause] we need to repeal dodd-frank. [applause] talk a a bill you don't have to read further than the title. [laughter] we need to eliminate corporate welfare. [applause] we need to build the keystone pipeline. we need to reign in the e.p.a. [applause] you know, in west texas the e.p.s. a trying to use a lizard to shut down oil and gas productions. my view of lizards, they make darn fine boots. [applause] we need to audit the fed. [applause] we need to stop e.q. infinity. we need to abolish obama education. [applause] education is too important for it to be governed by bureaucrats in washington taking away from parents and kids. and we need to champion school choice. [applause] theels civil rights issue of the next generation. i would like to see more democrats going and splange to young kids trapped in failing schools, young hispanic, young african american why they are willing to consign another generation to not have a fair and equal shot at the american dream. [applause] we ne
growth at every stage to get the economy booming. we need to repeal obamacare. [applause] we need to repeal dodd-frank. [applause] talk a a bill you don't have to read further than the title. [laughter] we need to eliminate corporate welfare. [applause] we need to build the keystone pipeline. we need to reign in the e.p.a. [applause] you know, in west texas the e.p.s. a trying to use a lizard to shut down oil and gas productions. my view of lizards, they make darn fine boots. [applause] we need...
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Mar 14, 2013
03/13
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how are you going to grow an economy with that? and every working american is going to pay some of those taxes. let me ask you, let me ask you this. are you already not paying taxes through the roof? i am. property tax, sales tax, gas tax, state tax, city of new york tax, federal income tax, and almost everything i do in my leash time, rental cars, hotels, planes, all taxed as well. and the democrats want to add another trillion dollars in taxes? so we're quickly becoming sweden which has the highest tax rate in europe. u.s. corporate tax is already the highest in the world, already. and there is no doubt president obama wants to raise them even further. so, again, is this a sound economic policy? is this going to grow the economy in the u.s.a.? is it? finally, the president and the democratic party have failed to tell the american people exactly what programs they will cut in the future, if anymore. once again, there is no specific entitlement reform put forth by the president. this is really irresponsible. is it not? and that's t
how are you going to grow an economy with that? and every working american is going to pay some of those taxes. let me ask you, let me ask you this. are you already not paying taxes through the roof? i am. property tax, sales tax, gas tax, state tax, city of new york tax, federal income tax, and almost everything i do in my leash time, rental cars, hotels, planes, all taxed as well. and the democrats want to add another trillion dollars in taxes? so we're quickly becoming sweden which has the...
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Mar 20, 2013
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we're not losing the issues on spending and debt, and jobs and the economy. those are total winners for us. >> michael: i am speechless. michael what is your reaction to that? >> that's crazy. poll after after poll after poll after poll comes out and show that the majority of the american people want x to happen, and as soon as you read that poll, that's nice i'm glad the american people think that but it's never going to happen because republicans won't let it happen. background checks 91% in the most recent poll but many, many polls showing 88%, 91%, show background checks and they were straight line against it. and the majority of polled republicans in this survey supporting public investment in infrastructure spending, and, you know, well -- it's obama has been calling for it for ages, but we know it's utterly impossible. so let's bash harry reid but they are the problem. >> michael: clearly they are the problem, on the assault weapons i'm just frustrated with reid. and you point out 80-some-odd percent on infrastructure and i heard 84% of nra members are
we're not losing the issues on spending and debt, and jobs and the economy. those are total winners for us. >> michael: i am speechless. michael what is your reaction to that? >> that's crazy. poll after after poll after poll after poll comes out and show that the majority of the american people want x to happen, and as soon as you read that poll, that's nice i'm glad the american people think that but it's never going to happen because republicans won't let it happen. background...
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Mar 19, 2013
03/13
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high taxation and high debt are holding back the economy and the g.o.p. believes mr. obama is creating a nation at war with itself. the affluent vs. the nonaffluent. over the weekend senator ted cruze of texas, a conservative, delivered a very emotional speech at cpac. >> my father came from cuba. he had been in prison. he had been tortured in cuba. and he came to texas with nothing, with 100 in his underwear. didn't speak a word of english. washed dishes making 50 cents an hour. in someone had came up to that 18-year-old kid avenue as he was washing dishes and suggested to him that 55 years hence his son would be sworn into office as a united states senator representing the great state of texas. [ applause ] that would have been unimaginable. >> now mr. cruze says his dad made it on his own without government assistance. he worked hard and provide for his family and now his son has achieved the american dream. that's the way this country is supposed to work. but president obama himself has a very compelling story to tell. his father abandoned him. he was raised prima
high taxation and high debt are holding back the economy and the g.o.p. believes mr. obama is creating a nation at war with itself. the affluent vs. the nonaffluent. over the weekend senator ted cruze of texas, a conservative, delivered a very emotional speech at cpac. >> my father came from cuba. he had been in prison. he had been tortured in cuba. and he came to texas with nothing, with 100 in his underwear. didn't speak a word of english. washed dishes making 50 cents an hour. in...
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Mar 14, 2013
03/13
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of 3% growth in the economy. those retail sales, those jobless claims, those isns, and those business profits, i was at the business roundtable with the coos, profits, cash flows, pristine balance sheets, the u.s. is the place to be right now. that's why the dollar is strong. a growth trade. >> then why is the u.s. underperforming so many of the world's stock markets this year? it's behind japan, behind the uk. on a capitalization weighted basis, the u.s. is underperforming the morgan stanley world index x-us. >> volatility is also underperforming. if you put money to work in those marks, you have to accept volatility is higher based on recent trends. >> give it time. the japanese thing is terrific. >> a strong dollar, they are deliberately trying to weaken the yen. >> japan is fighting deflation, and they are preappreciating the currency and will start pouring money into the economy. that's exactly right. may help bolster the dollar, but i don't see why japan and the american stock marks can't go up. i can't vou
of 3% growth in the economy. those retail sales, those jobless claims, those isns, and those business profits, i was at the business roundtable with the coos, profits, cash flows, pristine balance sheets, the u.s. is the place to be right now. that's why the dollar is strong. a growth trade. >> then why is the u.s. underperforming so many of the world's stock markets this year? it's behind japan, behind the uk. on a capitalization weighted basis, the u.s. is underperforming the morgan...